Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[HairyMaclairy]

Don’t get too excited.  

We are still below the line and the shorts are strong.  

[1675195975]

1675195975

[LFC_Bitcoin]

I'm starting to get excited about the recent price action!

Wake me up when we get back to 14 - 15 thou

[jbreher]

OTH it is somewhat ironic you talk about destroying Bitcoin (which I do fully agree with you in this case about an unjustified and UNCONSENSUATED PoW change) considering your support to BCH.

No irony intended. Contrary to popular misrepresentation, those behind Bitcoin Cash are fully faithful to Bitcoin. We simply prefer larger blocks rather than the Segwit poison pill.

[El duderino_]

Breaking 24777$ prediction game      FINAL LIST       

27/12/2017 bikerleszno
29/12/2018 cAPSLOCK 
30/12/2017 digithusiast
31/12/2017 Raja_MBZ
01/01/2018 elg
02/01/2018 wachtwoord
03/01/2018 JimboToronto
04/01/2018 d_eddie 
05/01/2018 BTCMILLIONAIRE
06/01/2018 HanvanBitcoin
07/01/2018 ghandi
08/01/2018 savetherainforrest
09/01/2018 explorer
10/01/2018 bicoinpsycho
11/01/2018 Bitcoinaire
12/01/2018 speedwheel
13/01/2018 undeadbitcoiner
14/01/2018 northypoale
15/01/2018 ivomm
16/01/2018 maca068
17/01/2018 bitcoinvest
18/01/2018 last of the v8s
19/01/2018 mfort312
20/01/2018 1982dre
21/01/2018 flamast2
22/01/2018 RealMachasm
23/01/2018 willope
24/01/2018 kartala
25/01/2018 orpington
26/01/2018 rolling
27/01/2018 LFC_bitcoin
28/01/2018 jojo69
29/01/2018 CristiTCM
30/01/2018 rayX12
31/01/2018 realsteelboy
01/02/2018 twocorn
02/02/2018 mancroofer
03/02/2018 True Myth
04/02/2018 poolminor
05/02/2018 itod
06/02/2018 scheptan
07/02/2018 vapourminer
08/02/2018 alexeft
09/02/2018 siera
10/02/2018 AlcoHoDL
11/02/2018 Dunkelheit667
12/02/2018 yonton
13/02/2018 Wekkel
14/02/2018 Thekool1s
15/02/2018 starmman
16/02/2018 Globb0
17/02/2018 leveldkrypto
18/02/2018 olesh
19/02/2018 BitCoinBurger
20/02/2018 Paashaas
21/02/2018 flynn
22/02/2018 icygreen
23/02/2018 erisdiscordia
24/02/2018 phil_s
25/02/2018 sirazimuth
26/02/2018 Arriemoller
27/02/2018 yonton
28/02/2018 Muttley
01/03/2018 bones261
02/03/2018 heater
03/03/2018 soullyG
04/03/2018 InvoKing
05/03/2018 Notme
06/03/2018 sa_94
07/03/2018 NUFCrichard
08/03/2018 Imbatman
09/03/2018 Roombot
10/03/2018 STT
11/03/2018 badream
13/03/2018 erre
14/03/2018 julian071
15/03/2018 podyx
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK

[STT]

Don’t get too excited.  

We are still below the line and the shorts are strong.  

I find it hard to measure strength without one exchange. 10,441 could be a fib level to cap this with 9231 the alternate side.  Quite constricted by BTC standards.

However longer term its seems quite positive action.   The downtrend would be in deference to this longer uptrend I guess


I see a big bar appear like that occurring right across a trend, I count it as marking out the trend as still in play.

[Torque]

Honestly if Circle suddenly wants back into the crypto game by buying Poloniex, then they must think that they are going to make a killing in the future. And fyi Circle is partially owned by Goldman Sachs.

Something big is coming.

[bitserve]

Honestly if Circle suddenly wants back into the crypto game by buying Poloniex, then they must think that they are going to make a killing in the future. And fyi Circle is partially owned by Goldman Sachs.

Something big is coming.

But... at only $400 million it is a steal. The only thing I can think that explains the deal it is that Poloniex owners have already made a killing and just want to exit with their asses fully covered (the contract will probably show that).

What I mean is that it is not like they had paid 10 billion (Instagram) or something like that which would clearly represent their willingness to have some REAL skin in the game.

I consider it "somewhat" bullish though... but not terribly bullish.

[marcus_of_augustus]

Something big is coming.

Probably another Alien Revelation.

... is that big?

[vanobe]

Don’t get too excited.  

We are still below the line and the shorts are strong.  

I find it hard to measure strength without one exchange. 10,441 could be a fib level to cap this with 9231 the alternate side.

How do you work out a fib level, and why's 10,441 not definitely a fib level?

[Biodom]

Honestly if Circle suddenly wants back into the crypto game by buying Poloniex, then they must think that they are going to make a killing in the future. And fyi Circle is partially owned by Goldman Sachs.

Something big is coming.

But... at only $400 million it is a steal. The only thing I can think that explains the deal it is that Poloniex owners have already made a killing and just want to exit with their asses fully covered (the contract will probably show that).

What I mean is that it is not like they had paid 10 billion (Instagram) or something like that which would clearly represent their willingness to have some REAL skin in the game.

I consider it "somewhat" bullish though... but not terribly bullish.

I agree, what is $400 mil when, according to rumors, they had $250 mil in revenue last quarter.
With lots of customer complains (although I liked their trading interface), they brought it as far as they could, possibly.
Now Circle will muck it up with stupid tries of "upsell".

[RoomBot]

QUIT your dirty dollar habit with BTC

It's War-Free!

[bitserve]

Honestly if Circle suddenly wants back into the crypto game by buying Poloniex, then they must think that they are going to make a killing in the future. And fyi Circle is partially owned by Goldman Sachs.

Something big is coming.

But... at only $400 million it is a steal. The only thing I can think that explains the deal it is that Poloniex owners have already made a killing and just want to exit with their asses fully covered (the contract will probably show that).

What I mean is that it is not like they had paid 10 billion (Instagram) or something like that which would clearly represent their willingness to have some REAL skin in the game.

I consider it "somewhat" bullish though... but not terribly bullish.

I agree, what is $400 mil when, according to rumors, they had $250 mil revenue last quarter.
With lots of customer complains (although I liked their trading interface), they brought it as far as they could, possibly.
Now Circle will muck it up with stupid tries of "upsell".

Revenue is not profit but, a standard way to calculate the (fundamental) value of a business is the accumulated past and expected profit for the next 20 years (in traditional sectors). In high risk sectors like crypto that can be reduced to much less though, ie: 10 years.

Any way it is calculated, it seems that $400 million for Polo is a bargain... but we don't really know the details of the contract nor the real sell price. It's just all rumors.

[Biodom]

Honestly if Circle suddenly wants back into the crypto game by buying Poloniex, then they must think that they are going to make a killing in the future. And fyi Circle is partially owned by Goldman Sachs.

Something big is coming.

But... at only $400 million it is a steal. The only thing I can think that explains the deal it is that Poloniex owners have already made a killing and just want to exit with their asses fully covered (the contract will probably show that).

What I mean is that it is not like they had paid 10 billion (Instagram) or something like that which would clearly represent their willingness to have some REAL skin in the game.

I consider it "somewhat" bullish though... but not terribly bullish.

I agree, what is $400 mil when, according to rumors, they had $250 mil revenue last quarter.
With lots of customer complains (although I liked their trading interface), they brought it as far as they could, possibly.
Now Circle will muck it up with stupid tries of "upsell".

Revenue is not profit but, a standard way to calculate the (fundamental) value of a business is the accumulated past and expected profit for the next 20 years (in traditional sectors). In high risk sectors like crypto that can be reduced to much less though, ie: 10 years.

Any way it is calculated, it seems that $400 million for Polo is a bargain... but we don't really know the details of the contract nor the real sell price. It's just all rumors.

thanks for the lecture :/
I am sure they have a hefty profit margin.

[yefi]

The thing is none of those addresses include, obviously, the virgin blocks (never moved) presumably mined by satoshi.

All the accusation seems to have been based on documentation and testimony provided by Wright, which has a track of compulsive lies and forging of documents.

The plot thickens.

This is the most ridiculous thing about it. They claim it's undeniable that they were involved since the inception, but it's all based on evidence (I use the word loosely) brought forth by Wright, a man whom they even accuse of forging and backdating documents.

[bitserve]

The thing is none of those addresses include, obviously, the virgin blocks (never moved) presumably mined by satoshi.

All the accusation seems to have been based on documentation and testimony provided by Wright, which has a track of compulsive lies and forging of documents.

The plot thickens.

This is the most ridiculous thing about it. They claim it's undeniable that they were involved since the inception, but it's all based on evidence (I use the word loosely) brought forth by Wright, a man whom they even accuse of forging and backdating documents.

Yup. It has some clear basis on the claim over IP though (we positively do know that Wright has registered a lot of patents that presumably come from the joint effort of the two through one of the business). But... the Bitcoins? Donno. They are not the Bitcoins we always thought belonged to Satoshi, but different ones. OTH, It makes some sense to try to claim a compensation based only on Wright own admissions (either true or not). Let's see what he has to say when the trial comes....

I wonder if popcorn futures are rising due to continuous Bitcoin drama.

[HairyMaclairy]

Craig is a clown and best ignored as nothing he has said or done will be shown to be of any consequence. 

[bitserve]

Craig is a clown and best ignored as nothing he has said or done will be shown to be of any consequence.  

Oh, there will be a consequence of all this. He will either come out OFFICIALLY as a lier fraudster or as a thief fraudster. Or all the above. There's no way out of this for him.

[vanobe]

Craig is a clown and best ignored as nothing he has said or done will be shown to be of any consequence. 

Oh, there will be a consequence of all this. He will either come out OFFICIALLY as a lier fraudster or a thief fraudster. Or all the above. There's no way out of this for him.

The court case will probably drag on for years, and he can keep bullshitting until it's over.

[smartcomet]

nice picture,+1 Merit.

November 2016:

[JayJuanGee]

Best thread ever  

yup

good luck reading it all though

LOL, If he starts reading it now from the beginning, bitcoin will be on the moon and he can't finish this thread yet. It's a huge more than the manga of One piece.  

 IDK.  Strategic use of the ignore button and he could easily finish before moon.

If he just /ignored talkie man, nazi silver man and like 1-2 others that would be 75+% of the thread right there.

I resemble that statement, you fuck.